Global Poverty Myths
Thomas Sowell challenges the widely held belief that European colonialism is to blame for the poverty in poor nations. He argues that the poorest places in the world are those that have received little attention from the West. Sowell debunks Lenin's theory of imperialism and highlights the success stories of countries like Hong Kong and Singapore, which became prosperous through opening up to Western investment.In this clip
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EconTalk
Thomas Sowell on Economic Facts and Fallacies
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